Mr. James Sinclair (Parliamentary Assistant to the Minister of Finance):
Mr. Speaker, in rising to take part in this budget debate I think I should first of all recall the very warm and well-earned round of applause from this side of the house which greeted the financial critic of the official opposition (Mr. Macdonnell) when he rose to his task yesterday. I mean, in all sincerity, that it was well merited.
All of us, through the years, have watched the financial critic go about his task. We know it is a difficult one. Each year we have heard his Cassandra-like prophecies of calamity and a poor year ahead, only in the intervening year to see that production has increased, employment has increased, capital investment has increased-
Subtopic: ANNUAL FINANCIAL STATEMENT OF THE MINISTER OF FINANCE